HomeMy WebLinkAbout2025-689-12.01.2025.docDocusign Envelope ID: 2A40818A-4C04-4B05-8CFC-A57BAE9A7CF0
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-689
RESOLUTION SETTING THE DATE OF HEARING AS
DECEMBER 15, 2025, TO APPROVE A TWENTY-FIVE YEAR
LEASE AGREEMENT WITH AN OPTION FOR A TEN-YEAR
RENEWAL, WITH 205 E 4TH, LLC, TO LEASE/MANAGE
THE PARK AVENUE PARKING RAMP, LOCATED AT 310
EAST PARK AVENUE, AND INSTRUCT THE CITY CLERK
TO PUBLISH NOTICE.
WHEREAS, the City of Waterloo, Iowa, is considering a twenty -five-year lease
agreement with an option for a ten-year renewal with 205 E 4th, LLC; and
WHEREAS, the lease pertains to the management of the Park Avenue Parking Ramp,
located at 310 East Park Avenue; and
WHEREAS, it is necessary to hold a public hearing for community input and approval of
the lease agreement.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo,
Iowa, that:
1. The public hearing be set for December 15, 2025, to consider and approve the lease
agreement with 205 E 4th, LLC.
2. The City Clerk is hereby directed to publish notice of said public hearing in accordance
with applicable laws and city policies, ensuring adequate notice to the public.
PASSED AND ADOPTED this lst day of December 2025.
p-DocuSigned by:
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Quentin Hart, Mayor
ATTEST:
Signed by:
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Kelley Felchle, City Clerk
SEAL